(b) Claims come into an insurance company at the rate of 2 per day according to a Poisson process. In a given 5 days wee

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(b) Claims come into an insurance company at the rate of 2 per day according to a Poisson process. In a given 5 days wee

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B Claims Come Into An Insurance Company At The Rate Of 2 Per Day According To A Poisson Process In A Given 5 Days Wee 1
B Claims Come Into An Insurance Company At The Rate Of 2 Per Day According To A Poisson Process In A Given 5 Days Wee 1 (17.29 KiB) Viewed 113 times
(b) Claims come into an insurance company at the rate of 2 per day according to a Poisson process. In a given 5 days week. Find: i. the probability of 2 claims every day (5 marks) ii. the probability of no claims on exactly 2 of the 5 days (7 marks)
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